XRP Fails to Complete Five-Wave Advance, Deep Pullback Risk Grows
- —XRP trades near $1.31, down 1.3% on the day and 18.5% over 30 days
- —Price is testing the 61.8% Fibonacci level at $1.309
- —Downside targets below support: $1.293, $1.286 and $1.277
- —A three-wave bounce instead of five would signal a weak recovery
Why it matters: A break of the Fibonacci support zone would expose $1.25 and below, while holding above it keeps a recovery scenario alive.
Source: Cryptonews.net